GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Plans » Jun An Kang Group Inc (OTCPK:IHGP) » Definitions » Net-Net Working Capital

Jun An Kang Group (Jun An Kang Group) Net-Net Working Capital : $0.00 (As of . 20)


View and export this data going back to . Start your Free Trial

What is Jun An Kang Group Net-Net Working Capital?

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. This is a conservative way of estimating the company's value.

Jun An Kang Group's Net-Net Working Capital for the quarter that ended in . 20 was $0.00.

The industry rank for Jun An Kang Group's Net-Net Working Capital or its related term are showing as below:

IHGP's Price-to-Net-Net-Working-Capital is not ranked *
in the Healthcare Plans industry.
Industry Median: 5.48
* Ranked among companies with meaningful Price-to-Net-Net-Working-Capital only.

Jun An Kang Group Net-Net Working Capital Historical Data

The historical data trend for Jun An Kang Group's Net-Net Working Capital can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Jun An Kang Group Net-Net Working Capital Chart

Jun An Kang Group Annual Data
Trend
Net-Net Working Capital

Jun An Kang Group Quarterly Data
Net-Net Working Capital

Competitive Comparison of Jun An Kang Group's Net-Net Working Capital

For the Healthcare Plans subindustry, Jun An Kang Group's Price-to-Net-Net-Working-Capital, along with its competitors' market caps and Price-to-Net-Net-Working-Capital data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Jun An Kang Group's Price-to-Net-Net-Working-Capital Distribution in the Healthcare Plans Industry

For the Healthcare Plans industry and Healthcare sector, Jun An Kang Group's Price-to-Net-Net-Working-Capital distribution charts can be found below:

* The bar in red indicates where Jun An Kang Group's Price-to-Net-Net-Working-Capital falls into.



Jun An Kang Group Net-Net Working Capital Calculation

Jun An Kang Group's Net-Net Working Capital (NNWC) per share for the fiscal year that ended in . 20 is calculated as

Jun An Kang Group's Net-Net Working Capital (NNWC) per share for the quarter that ended in . 20 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In calculating the Net-Net Working Capital (NNWC), Benjamin Graham assumed that a company's accounts receivable is only worth 75% its value, its inventory is only worth 50% of its value, but its liabilities have to be paid in full.

In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

This is a conservative way of estimating the company's value.


Jun An Kang Group  (OTCPK:IHGP) Net-Net Working Capital Explanation

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their net-net value. They are collected under our Net-Net screener.


Jun An Kang Group Net-Net Working Capital Related Terms

Thank you for viewing the detailed overview of Jun An Kang Group's Net-Net Working Capital provided by GuruFocus.com. Please click on the following links to see related term pages.


Jun An Kang Group (Jun An Kang Group) Business Description

Traded in Other Exchanges
N/A
Address
Taoqi Road, No. P7, 1st Floor, Building 3, No. 108, Chenghua District, Chengdu, Sichuan Province, CHN, 8059
Jun An Kang Group Inc is a health industry company focusing on medical care, pension, combination of medical care, health care, community care, home care, community medical care, and home care, and has launched online and offline health care services.

Jun An Kang Group (Jun An Kang Group) Headlines

No Headlines